FEAR1/8
In this excellent #LSE article a last look at #Projectfear before #GE2019
No projections because we can now look backwards. Short summary 👇 credit to LSE.
1️⃣ You're individually £2868 worse off just due to the #Brexit created sterling crash X number of family members
In this excellent #LSE article a last look at #Projectfear before #GE2019
No projections because we can now look backwards. Short summary 👇 credit to LSE.
1️⃣ You're individually £2868 worse off just due to the #Brexit created sterling crash X number of family members
FEAR2/8
2️⃣ + £1700 per household worse from slow GDP growth, if you don't think you are it's because you're relatively affluent and haven't felt⏬
3️⃣ #Brexflation adds 2.9% to cost of total food and clothes, or £870 a year a household. Far more than any VAT changes could negate
2️⃣ + £1700 per household worse from slow GDP growth, if you don't think you are it's because you're relatively affluent and haven't felt⏬
3️⃣ #Brexflation adds 2.9% to cost of total food and clothes, or £870 a year a household. Far more than any VAT changes could negate
FEAR3/8
4️⃣ Brexiters told you a cheaper £ helps exports.
Not.
No one is really independent in an interconnected world, component import cost has wiped out any #Brexit export gain.
Children in the 1970s knew printing money wasn't a solution. Yet tories sold it to 42% of us again
4️⃣ Brexiters told you a cheaper £ helps exports.
Not.
No one is really independent in an interconnected world, component import cost has wiped out any #Brexit export gain.
Children in the 1970s knew printing money wasn't a solution. Yet tories sold it to 42% of us again
FEAR4/8
5️⃣ But it's OK. Tory Brexiters told you wages would keep up with inflation in their new world.
Except they didn't (first graph). For the avoidance of doubt, the second graph shows you what it looked like before Brexiters started messing with stuff.
5️⃣ But it's OK. Tory Brexiters told you wages would keep up with inflation in their new world.
Except they didn't (first graph). For the avoidance of doubt, the second graph shows you what it looked like before Brexiters started messing with stuff.
FEAR5/8
6️⃣. But SUNLIT UPLANDS are ahead?
Not.
Brexit did add UK investment by UK firms but not enough to offset investment decline from non-UK firms. Overall we're 9% down.
Tories told investors for 40 years we were their single market entry point. That's a true betrayal.
6️⃣. But SUNLIT UPLANDS are ahead?
Not.
Brexit did add UK investment by UK firms but not enough to offset investment decline from non-UK firms. Overall we're 9% down.
Tories told investors for 40 years we were their single market entry point. That's a true betrayal.
FEAR6/8
Individually, with roughly 4 people per household, you are EACH
£3510.5
Worse off than you would have been. If money feels tight, it's become it is.
That's just so far. Costs jump when Tories stubbornly dump all our Global trade deals rather than admit they messed up
Individually, with roughly 4 people per household, you are EACH
£3510.5
Worse off than you would have been. If money feels tight, it's become it is.
That's just so far. Costs jump when Tories stubbornly dump all our Global trade deals rather than admit they messed up
FEAR7/8
If you're still for #Leave I hope whatever propels you is worth the undermining of the UK.
Making people poorer doesn't create #britishindependence. It reduces options
They could do #Brexit with almost none of this mess. Needs an honest plan and to stop blaming others.
If you're still for #Leave I hope whatever propels you is worth the undermining of the UK.
Making people poorer doesn't create #britishindependence. It reduces options
They could do #Brexit with almost none of this mess. Needs an honest plan and to stop blaming others.
FEAR8/8
Final thought, before this is raised.
They didn't even remove the #backstop.
They created 10 new backstops and hid them in detail.
More reading here, a little harder to follow I'm afraid, coz they tried to hide it well. But you'll get it.
Final thought, before this is raised.
They didn't even remove the #backstop.
They created 10 new backstops and hid them in detail.
More reading here, a little harder to follow I'm afraid, coz they tried to hide it well. But you'll get it.
